West Virginia state agencies will have a new workers’ compensation insurer beginning next month.
Zurich Insurance Co. submitted the winning bid of $19 million for the one-year contract. Zurich will replace BrickStreet Mutual Insurance Co.
Acting Insurance Commissioner Michael Riley said that Zurich offered a better deal than BrickStreet.
BrickStreet had provided the coverage since 2005. BrickStreet spun off as a private company the following year, and competing insurers entered the market in 2010.
Zurich will take over on Oct. 1.
Topics Workers' Compensation Virginia
Was this article valuable?
Here are more articles you may enjoy.
State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order 
Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub 
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch 
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims From This Issue
